Seoul
Meridan ReportSeoul: Semiconductors, K-tech, Asian innovation

Advertisement · Why this ad?

Dining

Why raising prices in Japan amid ‘insanely high’ inflation backfires on firms

Marcus Chen
Managing Editor · Sunday, November 8, 2026 at 5:30 AM · 1 min read
Why raising prices in Japan amid ‘insanely high’ inflation backfires on firms — Seoul Dining news

When Japan’s “symbol of affordability” Uniqlo decided to increase the price of its basic socks last month, it sparked a backlash before the clothing titan made an immediate U-turn. That came after Italian-style family restaurant chain Saizeriya issued an almost grovelling apology as it decided to add 20 yen (US$0.13) to the price of its trademark Milanese Doria, lamenting its “lack of effort”. The very public angst, including in one of the world’s most recognisable clothing brands, highlights...

Up nextWorld’s No. 1 restaurant crowned as contest comes under increasing scrutinyDining · 4 min read
#food-drink
You're offline — showing the last loaded page